YEXEL ESCAPES TO JAPAN AMID ALLEGED P200M SCAM

By James Pebenito • October 10, 2023

YEXEL ESCAPES TO JAPAN AMID ALLEGED P200M SCAM

Yexel Sebastian, a well-known toy collector, and his wife, Mikee Agustin, have reportedly departed the Philippines for Japan while an investigation into their possible involvement in a ₱200 million investment scam is still ongoing, according to the Bureau of Immigration (BI). As internet complaints over the hoax proliferate, this development has sparked worries about their departure.

Departure In the Course of an Investigation

The BI verified Yexel Sebastian and Mikee Agustin’s exit from the nation and said that no case or motion had been brought against them as of yet. Secretary Boying Remulla underlined that a court order is required before any hold departure order can be issued and that the Department of Justice is the only entity authorized to issue immigration watch bulletins.

Reports of a ₱200 million investment scam

Online criticism and charges over Sebastian and Agustin’s purported ₱200 million investment scam have been abundant, appearing in forums and on social media. Investigations are ongoing to determine the exact nature of the scam and how much it affected the victims.

Court Cases and NBI Involvement

It has been claimed that the National Bureau of Investigation (NBI) has received complaints about the investment scam. It is anticipated that the NBI will be essential in revealing the specifics of the purported fraud and bringing legal action against the individuals responsible.

There are questions over the investigation’s direction and potential legal repercussions after Yexel Sebastian and Mikee Agustin left for Japan on accusations of participating in an investment scheme of ₱200 million. Authorities, including the NBI, will keep looking into the claims, address them, and seek justice for any victims of the purported scam as the case develops.

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